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$46,246.80 Question 2 5P Dick Hercher bought a home in Homewood, Illinois, for $230,000. He put down 20% and obtained a mortgage for 25 years

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$46,246.80 Question 2 5P Dick Hercher bought a home in Homewood, Illinois, for $230,000. He put down 20% and obtained a mortgage for 25 years at 8%. The total interest cost of the loan is: e $242.411.00 $184,000.00 $327.372.80 None of these $242.144.00 ofte 9 None of these $242,144.00 Question 3 An amortization schedule shows Increase in loan outstanding Portion of payment broken down to interest and principal Balance of interest outstanding The increase to principal None of these Question 4

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